Destini Set Continue Uptrend Reversal, Says RHB Retail Research

KUALA LUMPUR (Nov 11): RHB Retail Research said Destini Bhd is set continue its uptrend reversal after breaking past the immediate resistance of 24.5 sen on high trading volume yesterday – printing a “higher high” bullish pattern.

In a trading stocks note today, the research house said if the stock manages to stay above that level, the bulls may drive the stock towards the immediate resistance of 28 sen, followed by 30 sen level.

“Conversely, falling below the 23 sen support level will cancel this expectation,” it said.